Suppose Zara has a linked supply chain with Silk City, a fabric supplier. Zara and Silk City use IT to seamlessly exchange data, communicating requirements as well as delivery expectations. The relationship between Zara and Silk City is best described as:
A) Strategic alliance
B) Co-opetition
C) Collaboration
D) Dependence
E) Competition

Question

Quizplus · Accepted Answer

A strategic alliance is a partnership where two companies work together closely, often sharing resources and information, to achieve mutual benefits. Zara and Silk City’s seamless data exchange and communication indicate a strategic alliance.

Suppose Zara Has a Linked Supply Chain with Silk City